bank of cyprus

Cyprus: President Nicos Anastasiades attacks banks bailout terms

President Nicos Anastasiades has urged eurozone leaders to revise the terms of Cyprus' bank bailout, in a highly critical letter.…

11 years ago

Cyprus to relax citizenship rules for foreign investors who lost at least 3M euros in bailout deal

Cyprus is to ease its citizenship rules for foreign investors who lost at least 3 million euros under the European…

12 years ago

Cyprus bailout cost rises to 23 billion euros

According to a draft document prepared by Cyprus' creditors, the cost of the bailout for the country has increased to…

12 years ago

Bank of Cyprus key data about bond purchases missing

Investigators have found that some key data about bond purchases by Bank of Cyprus is missing. According to Cypriot media,…

12 years ago

Cyprus agrees on challenging rescue plan to release bailout

Cyprus has officially agreed to a set of measures that will release a 10 billion-euro ($12.8 billion) IMF-EU bailout. The…

12 years ago

Cyprus Finance Minister Michalis Sarris resigns

Cyprus Finance Minister Michalis Sarris has decided to resign after completing talks on the controversial IMF-EU bailout deal. Michalis Sarris…

12 years ago

Cyprus crisis: Russia will not compensate its citizens who lost money in banking crisis

The Russian government has announced it will not compensate its citizens who have lost money in the Cyprus banking crisis.…

12 years ago

Bank of Cyprus haircuts big depositors up to 60%

Bank of Cyprus depositors with more than 100,000 euros ($128,200) could lose up to 60% of their savings as part…

12 years ago

Yiannis Kypri, Bank of Cyprus Group CEO, ousted by central bank governor

Yiannis Kypri, chief executive of Bank of Cyprus, the biggest bank in the country, has been ousted by the central…

12 years ago

Cyprus bank deposits over 100,000 euros could be cut by 40%

Cypriot Finance Minister Michalis Sarris has confirmed that the depositors with less than 100,000 euros in their accounts "will not…

12 years ago

Cyprus banks remain closed until March 28

All Cyprus banks will remain closed until Thursday, March 28, the central bank has announced. Temporary measures will be placed…

12 years ago

Cyprus banks to reopen on March 26 with temporary limits to be placed on financial transactions

Cyprus banks are to reopen on Tuesday, March 26, although the two at the centre of the crisis, Bank of…

12 years ago

Cyprus bailout deal agreed by Eurogroup with Laiki Bank to be wound down

Eurogroup have agreed a deal on a 10 billion-euro bailout for Cyprus to prevent its banking system collapsing and keep…

12 years ago

Cyprus crisis: Nicos Anastasiades bailout talks with troika leaders delay Eurogroup meeting in Brussels

A key meeting of Eurogroup (eurozone finance ministers) to finalize a crucial bailout for Cyprus has been delayed as talks…

12 years ago